Banca d'Italia - Il sito ufficiale della Banca Centrale Italiana

Macroeconomics after the (financial) flood - Conferenza in memoria di Albert Ando (1929-2002)

Il 19 settembre 2012 è ricorso il 10° anniversario della scomparsa del Prof. Albert Ando, che per due decenni aveva collaborato con la Banca d'Italia su diversi progetti di ricerca, la Banca ne ha ricordato la figura e l'opera con una conferenza internazionale incentrata su alcuni dei temi più rilevanti nel suo pensiero e nella sua attività di ricerca. La conferenza, dal titolo "Macroeconomics after the (financial) flood. Conference in memory of Albert Ando (1929-2002)", si è tenuta a Roma, presso la sede centrale della Banca, il 18 dicembre.

Programma

SESSION 1: IMPACT OF CYCLICAL AND DEMOGRAPHIC FACTORS ON THE DISTRIBUTION OF INCOME AND WEALTH

Inflation, demand for liquidity, and welfare - Paper
Shutao Cao (Bank of Canada), Césaire A. Meh (Bank of Canada), José-Víctor Ríos Rull (University of Minnesota, Federal Reserve Bank of Minneapolis, CAERP and NBER), Yaz Terajima (Bank of Canada)

Slipping and sliding: Wealth of US households over the financial crisis - Presentation
Arthur Kennickell (Board of Governors of the Federal Reserve System)

How do households respond to income shocks? - Paper
Dirk Krueger (University of Pennsylvania, NBER and CEPR), Fabrizio Perri (University of Minnesota, Federal Reserve Bank of Minneapolis, CEPR and NBER)

SESSION 2: FINANCIAL CRISIS AND PROLONGED STAGNATION IN JAPAN: LESSONS FOR ITALY AND EUROPE

Defying gravity: How long will Japanese government bond prices remain high? - Paper (external link, NBER website), Presentation
Takeo Hoshi (University of California, San Diego, NBER and TCER), Takatoshi Ito (University of Tokyo, NBER and TCER)

The mystery of the printing press: Self-fulfilling debt crises and monetary sovereignty - Paper
Giancarlo Corsetti (Cambridge University; University of Rome III and CEPR), Luca Dedola (ECB and CEPR)

Some unpleasant properties of log-linearized solutions when the nominal rate is zero - Paper
R. Anton Braun (Federal Reserve Bank of Atlanta), Lena Mareen Körber (London School of Economics), Yuichiro Waki (University of Queensland)